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Realty Income O Distributions > Earnings

Distributions > Earnings at other companies

Agree Realty logo
Agree RealtyADC
$653.43M+28.6%
W.P. Carey Inc. logo
W.P. Carey Inc.WPC
$3.57B+9.1%
GTY
Getty RealtyGTY
$161.41M+17.8%
BNL
Broadstone Net LeaseBNL
$630.95M+17.7%
Regency Centers logo
Regency CentersREG
$2B0.0%
First Industrial Realty Trust logo
First Industrial Realty TrustFR

Other financials

Income statement

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Revenue$1.5B+12.2%
Net income$320.9M+28.5%
EPS (diluted)$0.33+17.9%

Balance sheet

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Cash & equivalents$373.5M+17.1%
Total debt$545.1M+3.7%
Total equity$39.1B+0.3%
Total assets$74.6B+6.9%

Cash flow

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Operating cash flow$874.5M+11.0%
CapEx$26.3M+14.9%
Free cash flow$848.2M+10.9%

Valuation

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Market cap$57.81B+12.0%
Enterprise value$57.98B+11.9%
P/E51.2×-1.6×
P/S9.8×+0.2×

Profitability

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Net margin19.1%+0.9pp
FCF margin66.7%+2.7pp

Returns & leverage

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Return on equity2.9%+0.4pp
Debt / equity0.0×

Where this comes from

Reported directly by Realty Income in its filing.

Tagged under the XBRL concept us-gaap:AccumulatedDistributionsInExcessOfNetIncome.

The official record: Realty Income’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Realty Income's distributions > earnings?
Realty Income (O) reported distributions > earnings of $10.97B in Q1 2026.
How has Realty Income's distributions > earnings changed year-over-year?
Realty Income's distributions > earnings increased by 20.4% year-over-year, from $9.12B to $10.97B.
What is the long-term trend for Realty Income's distributions > earnings?
Over 5 years (2020 to 2025), Realty Income's distributions > earnings has grown at a 23.5% compound annual growth rate (CAGR), from $3.66B to $10.53B.
What does distributions > earnings mean?
This represents the cumulative amount of dividends paid to shareholders that exceeds the company's cumulative net income calculated under GAAP. Because REITs have high non-cash depreciation expenses, they often pay out more in cash than their accounting net income suggests. It is a common feature of REIT balance sheets and does not necessarily imply financial distress.